On just about any measure you care to choose, the City of London comes out top of the charts across all Europe’s capital markets from derivatives to bond trading.
The numbers speak for themselves: the UK has a 93% share of euro-denominated interest rate derivatives, 89% of all OTC derivatives trading and 83% of all euro-denominated derivatives trading across the European Union.
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Importing the idea of a “hausmeister”, who looks after residential buildings and lives on-site, would help reverse decades of neglect of London’s estates.
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But if he insists on trivial matters, here are a few worth his time…
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